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Spillovers from Japan's unconventional monetary policy to emerging Asia : a global VAR approach
Ganelli, Giovanni; Tawk, Nour - 2016
We use a Global VAR model to study spillovers from the Bank of Japan's quantitative and qualitative easing (QQE) on … emerging Asia.1 Our main result is that, despite an appreciation of their currencies vis-a-vis the yen, the impact on emerging … Asia's GDP tended to be positive and significant. Our results suggest that the positive effect of QQE on expectations, by …
Persistent link: https://www.econbiz.de/10011711367
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Demographic Change in Asia : The Impacton Optimal National Saving, Investment, and the Current Account
McDonald, Ian - 2000
economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach …
Persistent link: https://www.econbiz.de/10014399958
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Fiscal Stimulus to the Rescue? : Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits
Laxton, Douglas - 2009
This paper uses the IMF''s Global Integrated Monetary and Fiscal Model to compute shortrun multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. Multipliers of two-year stimulus range from 0.2 to 2.2 depending on the fiscal instrument, the extent of monetary...
Persistent link: https://www.econbiz.de/10014402228
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The Changing Structure of Japanese Trade Flows
International Monetary Fund - 1990
The changes to the structure of Japanese exports and imports in the second half of the 1980s departed significantly from past trends. Econometric analysis confirms that some of the structural changes—notably the importance of consumer goods trade—cannot be fully explained using conventional...
Persistent link: https://www.econbiz.de/10014395910
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Collective bargaining through the magnifying glass : a comparison between the Netherlands and Portugal
Hijzen, Alexander; Martins, Pedro S.; Parlevliet, Jante - 2017
Since the global financial crisis, sector-level bargaining has come under renewed scrutiny. While in Southern Europe, the crisis raised concerns about the role of collective bargaining as an obstacle to labor market adjustment, in Northern Europe it was perceived more favourably and, according...
Persistent link: https://www.econbiz.de/10011763867
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No extension without representation? : evidence from a natural experiment in collective bargaining
Hijzen, Alexander; Martins, Pedro S. - 2016
In many countries, notably across Europe, collective bargaining coverage is enhanced by government-issued extensions that widen the reach of collective agreements beyond their signatory parties to all firms and workers in the same sector. This paper analyses the causal impact of such extensions...
Persistent link: https://www.econbiz.de/10011711799
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Industrial Relations and Macroeconomic Performance : An Application to Spain
International Monetary Fund - 1990
The paper analyzes the macroeconomic implications of different systems of industrial relations. After reviewing the relevant literature, and analyzing cross-country evidence, the paper focuses on the experience of centralized bargaining characterizing Spain in the period 1979-86. The paper...
Persistent link: https://www.econbiz.de/10014395894
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What drives credit growth in emerging Asia?
Elekdaǧ, Selim Ali; Han, Fei - 2012
Persistent link: https://www.econbiz.de/10009572542
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The development of local debt markets in Asia
Mangal Goswami; Sharma, Sunil - 2011
Persistent link: https://www.econbiz.de/10009424778
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Sovereign spreads and contagion risks in Asia
Caceres, Carlos; Unsal, D. Filiz - 2011
Persistent link: https://www.econbiz.de/10009424780